Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,501)
  • Analysis (1,683)
  • Bitcoin (2,273)
  • Blockchain (1,348)
  • DeFi (1,577)
  • Ethereum (1,540)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,617)
  • Press Releases (2)
  • Reddit (922)
  • Regulation (1,511)
  • Security (2,150)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • The American court leaves the decision of the sanctions in tornado, ordering the dismissal of the case in Florida
  • $8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham
  • Truth Social Goes Full Crypto – Dry considers
  • Robinhood Stock jumps 26% after launching American actions in Tokenized, acquiring Bitstamp
  • Bitcoin fails $ 110.5,000 while altcoins aim to bounce back
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»DeFi»Weeks before the trial, the Roman storm of Tornado Cash seems alarm: “ If I lose, defies with me ”
DeFi

Weeks before the trial, the Roman storm of Tornado Cash seems alarm: “ If I lose, defies with me ”

June 15, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Doj decrypt style 01 gid 7.png
Share
Facebook Twitter LinkedIn Pinterest Email


Brief

  • “If I lose, Defi features me,” tweeted the co-founder of Tornado Cash Roman Storm.
  • Storm was charged by the DoJ in 2023 for a conspiracy in order to commit money laundering, manage a silver issuer company without license and escape American sanctions.
  • Storm and other Defi defenders argued that the accusation unfairly holds the developers of software responsible for the way their software is used.

The co-founder of Tornado Cash, Roman Storm, published on Friday one of his most striking reprimands of the Ministry of Justice of the Trump administration, arguing that if the federal prosecutors prevail in the developer’s next criminal trial, decentralized finance could be permanently destroyed.

“The Doj wants to bury Defi, saying that I should have checked it, added KYC, (and) never built it,” wrote Storm. “SDNY tries to crash, blocking each expert witness.”

“If I lose, Defi puts me in the process of seeing me,” continued the developer of cryptography. “The dream of financial freedom, the code I thought – everything fades in darkness. It is not only my end; it is ours.”

Storm was billed by the Doj in 2023 of a conspiracy in order to commit money laundering, to exploit an company of silver issuer without license and to escape American sanctions, for its role in the management of Tornado Cash – a popular service which allows users to make their transactions in mind. Although such platforms for mixing parts are popular among privacy defenders, they were also used by criminal organizations and American state enemies North Korea.

Earlier this year, after President Donald Trump resumed energy and ordered numerous federal agencies to support the digital asset industry, the DOJ farm Its application unit dedicated to the crypto and ordered prosecutors to no longer pursue criminal charges against parts mixing parts for “acts of their end users”.

Many crypto have taken the change of policy as a signal that the doj could soon forgive the storm. Immediately after returning to the office, Trump pardoned Ross UlbrichtThe founder of Silk Road, a black market website powered by Bitcoin.

But the forgiveness of Storm has never materialized. Trump’s DOJ last month said He would advance his file against the co-founder of Tornado Cash, having deleted only one element of a single accusation that he did not comply with the registration requirements of the company transmitting the money.

Storm and other Defi defenders argued that the accusation unfairly holds the developers of software responsible for the way their software is used. Last year, another promoter of Tornado Cash, Alexey Pertsev, was sentenced by a Dutch court who judge The site was “intended for criminals”.

Friday, in an article on the social media platform X, the Ethereum Foundation said that it gave $ 500,000 to the Storm Defense Fund and that it would correspond to an additional $ 750,000 of community donations. “Confidentiality is normal and code writing is not a crime,” tweeted the non -profit organization.

While President Trump has made several pro-defi measures in recent months, the signing of a bill repeal An IRS rule protested by the sector and supporting cryptographic legislation with sculpture For decentralized financing protocols – industry defenders now warn that successful prosecution of figures like Storm could affect the operational principles of DEFI.

When reached by Decipher And asked if he now perceives that the Trump administration was hostile to Defi, on the basis of his prosecution prosecuted, Storm has referred to a recent legal deposit Made by the DEFI Education Fund, an industry lobbying group, in the continuous appeal of PERSEV of its conviction by Alexey in the Netherlands.

“Should we remove everything from the market known to be used by criminals for illegal activities?” The deposit can be read “(s) software developers should not be held criminally responsible for third -party actions who use their software to commit crimes.”

Update (June 13, 2025, 6:58 p.m.): Add information on the contribution of the Ethereum Foundation to the Defense Fund.

Edited by James Rubin

Daily debriefing Bulletin

Start every day with the best reports at the moment, as well as original features, a podcast, videos and more.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCoinbase reports an annual increase of 67% of the use of the F500 blockchain – These 4 cryptos could explode
Next Article Dogecoin leads the coin in diving like the geopolitical slam cryptography market

Related Posts

DeFi

The Solana (soil) ecosystem is developing while Defi Dev (DFDV) lists tokenized sharing on the Kraken Rwa platform | Detail of the new flash

July 8, 2025
DeFi

Kuru Labs collects $ 11.6 million for Monad Defi Hub

July 8, 2025
DeFi

Crypto VC Paradigm leads $ 11.6 million

July 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Robinhood Stock jumps 26% after launching American actions in Tokenized, acquiring Bitstamp

July 8, 2025

Vic Crypto increases 60% in 24 hours-Does the rally start right?

July 8, 2025

Trader says that time before the crypto comes to the new heights of all time, updates the prospects of Bitcoin, Ethereum and another Altcoin

July 8, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,390.04
ethereum
Ethereum (ETH) $ 2,575.49
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.29
bnb
BNB (BNB) $ 658.27
solana
Solana (SOL) $ 150.33
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.286323
dogecoin
Dogecoin (DOGE) $ 0.16978
staked-ether
Lido Staked Ether (STETH) $ 2,575.03